Russell Investments Group Ltd. Buys 9,221 Shares of Universal Health Services, Inc. (NYSE:UHS)

Russell Investments Group Ltd. increased its position in Universal Health Services, Inc. (NYSE:UHS - Free Report) by 14.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,240 shares of the health services provider's stock after purchasing an additional 9,221 shares during the quarter. Russell Investments Group Ltd. owned 0.11% of Universal Health Services worth $11,317,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in UHS. EverSource Wealth Advisors LLC raised its holdings in Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider's stock valued at $34,000 after acquiring an additional 80 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of Universal Health Services in the 4th quarter worth about $42,000. Tompkins Financial Corp acquired a new stake in shares of Universal Health Services in the 4th quarter valued at about $96,000. Platinum Investment Management Ltd. lifted its position in shares of Universal Health Services by 16.9% during the third quarter. Platinum Investment Management Ltd. now owns 727 shares of the health services provider's stock worth $91,000 after purchasing an additional 105 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in Universal Health Services by 9.6% in the third quarter. Van ECK Associates Corp now owns 1,004 shares of the health services provider's stock worth $126,000 after purchasing an additional 88 shares in the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Universal Health Services

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the business's stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $176.82, for a total value of $6,188,700.00. Following the completion of the sale, the chief financial officer now owns 68,785 shares of the company's stock, valued at $12,162,563.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 16.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

UHS has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on Universal Health Services from $144.00 to $182.00 and gave the company a "neutral" rating in a research note on Wednesday, March 13th. Barclays lifted their price objective on shares of Universal Health Services from $181.00 to $189.00 and gave the stock an "equal weight" rating in a report on Friday, April 26th. UBS Group raised their price target on shares of Universal Health Services from $152.00 to $177.00 and gave the stock a "neutral" rating in a research report on Thursday, February 29th. Cantor Fitzgerald reiterated an "underweight" rating and set a $156.00 price objective on shares of Universal Health Services in a research note on Wednesday, April 10th. Finally, Citigroup upped their target price on Universal Health Services from $170.00 to $193.00 and gave the company a "buy" rating in a report on Thursday, February 29th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Universal Health Services currently has a consensus rating of "Moderate Buy" and an average target price of $182.79.

Universal Health Services Price Performance

NYSE:UHS traded up $1.45 during mid-day trading on Monday, reaching $169.15. 781,177 shares of the stock were exchanged, compared to its average volume of 602,704. Universal Health Services, Inc. has a 1-year low of $119.90 and a 1-year high of $183.61. The company has a current ratio of 1.38, a quick ratio of 1.28 and a debt-to-equity ratio of 0.75. The firm has a market capitalization of $11.37 billion, a PE ratio of 14.33, a PEG ratio of 0.84 and a beta of 1.26. The business has a fifty day moving average price of $171.24 and a 200 day moving average price of $155.22.

Universal Health Services (NYSE:UHS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The health services provider reported $3.70 EPS for the quarter, beating the consensus estimate of $3.14 by $0.56. The business had revenue of $3.84 billion during the quarter, compared to analysts' expectations of $3.78 billion. Universal Health Services had a return on equity of 13.34% and a net margin of 5.57%. The firm's quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.34 EPS. Research analysts expect that Universal Health Services, Inc. will post 13.51 earnings per share for the current fiscal year.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.